| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43.6B | $44.4B | $34.9B | -1.7% | 25.0% |
| Op. Income | $3.1B | $8.1B | $7.9B | -61.4% | -60.4% |
| Gross Margin | 47.8% | 53.9% | 67.1% | -6.1pp | -19.3pp |
| Net Margin | 7.2% | 17.6% | 20.4% | -10.4pp | -13.2pp |
| EPS (Diluted) | $0.35 | $0.90 | $0.85 | -61.1% | -58.8% |
| Free Cash Flow | $32.7B | $11.8B | $31.0B | 178.0% | 5.6% |
| Item | Amount |
|---|---|
| REVENUE | $43.6B |
| Cost of Revenue | $22.8B |
| GROSS PROFIT | $20.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $10.3B |
| SG&A Expenses | $11.6B |
| Other Expenses | $6.1B |
| Operating Expenses | $17.7B |
| Cost & Expenses | $40.5B |
| OPERATING INCOME | $3.1B |
| Interest Income | $35.6B |
| Interest Expense | $21.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | -$20M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $527M |
| EBIT | $3.1B |
| EBITDA | $3.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43.6B |
| Cost of Revenue | $22.8B |
| GROSS PROFIT | $20.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $10.3B |
| SG&A Expenses | $11.6B |
| Other Expenses | $6.1B |
| Operating Expenses | $17.7B |
| Cost & Expenses | $40.5B |
| OPERATING INCOME | $3.1B |
| Interest Income | $35.6B |
| Interest Expense | $21.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | -$20M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $527M |
| EBIT | $3.1B |
| EBITDA | $3.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3.1B |
| Depreciation & Amortization | $527M |
| Stock-Based Compensation | $728M |
| Deferred Income Tax | -$571M |
| Other Non-Cash Items | $5.9B |
| Change in Working Capital | $23.0B |
| OPERATING CASH FLOW | $32.7B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$200.1B |
| Sales/Maturities of Investments | $114.2B |
| Other Investing Activities | $21.7B |
| NET CASH FROM INVESTING | -$64.2B |
| Net Debt Issuance | -$8.1B |
| Common Stock Repurchased | -$811M |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | $22.4B |
| NET CASH FROM FINANCING | $11.3B |
| FREE CASH FLOW | $32.7B |
| Net Change in Cash | -$18.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $341.4B |
| Short-Term Investments | $266.6B |
| Net Receivables | $96.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $704.8B |
| PP&E (Net) | $11.9B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7T |
| Tax Assets | $0 |
| Other Non-Current Assets | $718.9B |
| TOTAL NON-CURRENT ASSETS | $2.5T |
| TOTAL ASSETS | $3.2T |
| Account Payables | $0 |
| Short-Term Debt | $316.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0T |
| TOTAL CURRENT LIABILITIES | $2.3T |
| Long-Term Debt | $302.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $251.0B |
| TOTAL NON-CURRENT LIABILITIES | $553.2B |
| TOTAL LIABILITIES | $2.9T |
| Common Stock | $56.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $224.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $291.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $291.6B |
| TOTAL LIABILITIES & EQUITY | $3.2T |
| Total Debt | $618.2B |
| Net Debt | $276.8B |
